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What is the difference in logical view and physical view?
Replacement Payments
Payments made to compensate for goods or services that were faulty, damaged, or otherwise inadequate, ensuring the recipient receives what was originally contracted.
Interest Rate
A percentage that measures the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed.
Equal Payments
A series of payments of the same amount made at regular intervals for a specified period of time.
Loan Date
The specific date on which a loan agreement goes into effect or when the loan funds are disbursed.
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